From Paid Content:
Amazon Publishing has acquired the rights to 1,000 titles from Dorchester Publishing, which closed in February.
Dorchester primarily published romance, Westerns and horror books. Dorchester had been in economic trouble for years. In the auction for Dorchester’s assets — where Amazon was the only bidder, the company confirmed – “Dorchester authors were offered the opportunity to join Amazon Publishing and receive the full back royalties that Dorchester indicated were owed.”
“Working with the Dorchester author community during this auction process has been a tremendous experience for all of us,” said Philip Patrick, Amazon Publishing’s business development director. “We are happy to be able to pay their back royalties and we’re thrilled to welcome them to the Amazon Publishing family.”
. . . .
“Under the terms of Amazon’s bid, any former Dorchester Publishing authors that chose not to work with Amazon Publishing will have their rights revert back to them to pursue other publishing opportunities including self-publishing via the Kindle Direct Publishing platform.”
Link to the rest at Paid Content